Understanding Your Options for Insurance Deductibles

A small hamlet in the great state of New York, Mastic is a great value for a weekend getaway or a place to call home. Small and quaint, the 3.9 square miles of land include oceanfront properties and only about 15,000 residents. Mastic is a small town for individuals interested in new beginnings. Whether you are starting a business or a family, you will love calling Mastic home.

If you are considering moving to Mastic or you are interested in commuting, you will need to have auto insurance on your vehicle. Fortunately, our local independent insurance agency offers personal and business insurance to protect your car. Before you begin the process of getting quotes, understanding your options for deductibles is essential.

What Are Deductibles
Insurance companies require consumers to carry a deductible on their car insurance. A deductible is an amount of money you pay to receive funds from your insurance company for fixing or replacing your car. For many people, insurance companies will take the deductible out of your settlement offer so that you can get your car back on the road as soon as possible. 

Deductible Options
The amount of the deductible you choose for your insurance policy has a direct effect on the cost of your insurance coverage. When you understand how they affect the cost of your insurance, then you are able to make a better decision about your insurance strategy. 

Deductibles come in a number of different increments. Some insurance companies have deductibles that are $500, $1,000, and even $2,500. The higher your deductible, the less you pay for your car insurance because you are agreeing to cover more of the costs associated with a loss that you incur. If insurance costs are factors for deciding on auto insurance and you are a relatively safe driving, you can safely choose a higher deductible to keep your monthly insurance premiums low.

Residents of Mastic, New York in the 11950 zip code can get the best insurance quotes by understanding the real costs of an insurance deductible. If you have more questions about insurance, you can contact one of our friendly agents in our independent insurance office to assist you in choosing what insurance is right for you. You also have the option of getting an insurance quote online using our user-friendly insurance quote tool on our website.